Tag: tax

Amazon, which earned profits of 14.834 billion in 2018, will not pay a penny of federal tax in the United States. The boss of the company and the richest man in the world, Jeff Bezos, has lived a trying week, but he can at least rejoice in this news. Thursday, Amazon canceled the construction of new premises […]

Prime Minister Justin Trudeau closed the door on the Quebec government administering a single tax return on Tuesday morning. “We are not aligned with the Quebec government on the idea of ​​a single provincial report,” he said. He argued that the Legault government’s request, backed by Andrew Scheer’s Conservatives in Ottawa, threatens a host of […]

The money raised will finance prevention and awareness on the territory Kahnawake passed its cannabis law Monday night and will impose its own tax on those who do not come from the community. The Kahnawake Mohawk Council found that the age to buy cannabis was 21 years old. A licensing system will also be established for […]

US President Donald Trump is determined to impose a new salvo of customs duties of 10% on 200 billion Chinese imports and may announce it in the coming days, according to US media Saturday. Trump “has decided to impose tariffs on 200 billion Chinese products,” writes the Washington Post, adding that an announcement could intervene […]

A comparison between crypto-currencies and gold highlighted the similarity between the two assets. The Inland Revenue Department (IRD) of New Zealand recently stated that the buying and selling processes of gold and virtual currencies are very similar in terms of taxation. The New Zealand tax authority IRD conducted a study after which it claimed that cryptocurrencies are […]

WASHINGTON | US President Donald Trump is now considering a tax of 25% on 200 billion imported Chinese goods, against 10% mentioned so far, in the middle of a commercial battle with Beijing he accuses for months of “unfair” practices, reports Tuesday the Washington Post. After imposing import taxes on washing machines, solar panels, steel and […]

Canada must review its fiscal policies if it wants to avoid losing investment to the United States, warned Monday the Organization for Economic Co-operation and Development (OECD). In a new report, the international organization notes that recent US corporate tax cuts have “reduced the relative attractiveness of investing in Canada.” Advantage “disappeared” “The nominal rate […]

The new Minister of Canadian Heritage Pablo Rodriguez has no intention of returning to the unpopular decision of his predecessor Mélanie Joly not to tax Netflix. “There is nothing that changes on that side. This issue is part of a much broader debate [than Netflix], but one thing is clear: we do not want Quebeckers and […]

Accused by Donald Trump of being as commercially unfriendly to the United States as China, the EU warned Washington on Monday against the disastrous consequences of any US taxes on imports of foreign cars. In a letter to the US authorities on Friday, which AFP obtained a copy of, the European Commission warns the US […]

Canada filed a lawsuit Friday against the United States at the World Trade Organization (WTO) after the US decision to impose taxes on Canadian imports of steel and aluminum. “These tariffs, imposed unilaterally under the pretext that they guarantee the national security of the United States, do not respect US international trade obligations or WTO […]

It is not tomorrow the day before that taxpayers will complete a single tax return to be forwarded to Revenu Québec. Canada’s Prime Minister, Justin Trudeau , said on Monday that he had no intention of negotiating with the next Quebec government, which in his view would be an important abdication of federal responsibilities. Not to mention the fact […]

In order to use Blockchain technology in the fight against tax evasion, the Chinese internet giant Tencent has joined the Shenzhen tax authority. Authenticate invoices Tencent has partnered with the Shenzhen Taxation Office to establish a smart-tax lab using Cloud Computing, Artificial Intelligence, Blockchain and Big Data. This initiative facilitates tax management and optimizes tax solutions while ensuring the […]

The Polish authorities have noted the invalidity of their decision to tax cryptocurrency transactions. According to a senior finance ministry official in an interview, the department “accepts the irrational effect” of the taxation it wanted to introduce on purchases and sales of virtual currencies. Warsaw has no intention of endorsing the current tax law, before defining a global approach […]

Crypto-currencies are becoming so popular that countries around the world are looking at their intrinsic regulation. This new form of economy is subject to adapted legislation, including consideration of profits as taxable income. Azerbaijan declared, on May 5, that it would join the governments that tax the revenues generated by the cryptocurrencies. Nijat Imanov, Deputy Director General of the Department […]

To democratize cryptocurrency in a series of services, a Florida tax collector has partnered with BitPay, a Bitcoin payment processor. Florida Tax Collector Licenses Bitcoin Last Monday, Joel Greenberg, a Seminole County Tax Collector, made a statement in which he said that from this summer, his office would begin to endorse the use of Bitcoin, and this, […]